Saturday, October 20, 2018
All News
VF Corporation Appoints Joe Alkire to Vice President, Investor Relations and Financial Planning
January 20, 2017
GREENSBORO, N.C.--(BUSINESS WIRE)--VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that Joe Alkire has been named Vice President, Investor Relations and Financial Planning & Analysis, effective immediately. He will report to Scott Roe, VF’s Chief Financial Officer. Prior
BizVibe Textile and Apparel News: Global Cotton Production to Rise
January 20, 2017
LONDON--(BUSINESS WIRE)--Several reports from the United States Department of Agriculture forecast a promising future for cotton production in several markets for the global cotton industry, while others face an upward climb hoping to break out of a long slump in 2017. These reports are some of this week’s featured stories on BizVibe. BizVibe
BizVibe Textile and Plastics News: Strong Growth in India for Textiles, Apparel, and Plastics
January 20, 2017
LONDON--(BUSINESS WIRE)--The Indian government is focusing on its textiles and plastics industries, which are already substantial contributors to both the country’s economy and to the world. Details on these industries’ performance and future prospects are some of this week’s featured stories on BizVibe. BizVibe is the
BizVibe Textile and E-commerce News: Strong Performance in India Despite Setbacks
January 20, 2017
LONDON--(BUSINESS WIRE)--Several recently published reports have highlighted strong growth results in the Indian textile and e-commerce industries. Details on these industries’ performance and future prospects are some of this week’s featured stories on BizVibe. BizVibe is the world’s smartest B2B marketplace and allows users to
Albany International Announces Earnings Release Date
January 20, 2017
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2016 fourth-quarter financial results after the close of the market on Wednesday, February 8, 2017. The Company will host a webcast to discuss earnings at 9:00 a.m. Eastern Time on Thursday, February 9. Interested parties are invited to listen to the webcast via
Walmart outlines 2017 goals for American job growth and community investment
January 20, 2017
WASHINGTON--(BUSINESS WIRE)--Walmart, the nation’s largest private employer with nearly 1.5 million associates in the U.S., today will discuss company plans to create American jobs and invest in local communities across the country. The investments in the coming year will support an estimated 34,000 jobs through continued expansion and
BizVibe Textile and Apparel News: Improving Conditions for Textile Workers
January 20, 2017
LONDON--(BUSINESS WIRE)--A changing global political climate, improved relations between countries, and steps toward gender equality in the workplace are some of the factors currently shaping the African and Asian textiles industry. Details on the empowerment of textile workers across the world are some of this week’s featured stories on
PPG Reports Fourth Quarter and Full-Year 2016 Financial Results
January 20, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported fourth quarter 2016 net sales of $3.5 billion, down more than 1 percent versus the prior year. Sales in local currencies increased by more than 1 percent aided by sales volume growth approaching 2 percent year-over-year. The net impact from business portfolio actions contributed less than 1
BizVibe Textile and Fashion News: Technological Innovations Breaking New Ground in Textile Industry
January 20, 2017
LONDON--(BUSINESS WIRE)--Many universities and companies are making leaps and bounds in the world of fashion and technology. Details on recent scientific developments are some of this week’s featured stories on BizVibe. BizVibe is the world’s smartest B2B marketplace and allows users to connect with over seven million companies around
PPG Directors Announce Quarterly Dividend of 40 Cents Per Share
January 20, 2017
PITTSBURGH--(BUSINESS WIRE)--The board of directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 40 cents per share, payable March 10 to shareholders of record Feb. 17. This marks the company’s 474th consecutive dividend payment. PPG has paid uninterrupted annual dividends since 1899. PPG: WE PROTECT AND BEAUTIFY THE
PPG Appoints Morales as Senior Vice President and Chief Financial Officer; Sklarsky Announces
January 20, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its board of directors has elected Vincent J. Morales to serve as senior vice president and chief financial officer (CFO), effective March 1. Morales is replacing Frank S. Sklarsky as CFO, who has announced his retirement also effective March 1. Morales will report to Chairman and
DAMEL: Portuguese Company Presents a Clothing System in Dubai That Promises to Revolutionize Safety
January 20, 2017
POVOA DE VARZIM, Portugal--(BUSINESS WIRE)--DAMEL, a Portuguese textile company specialized in the development of technical clothing, is determined to win market share in the UAE, through the commercialization of its latest technological innovation - the SeaB2, a clothing system with integrated inflation, which promises to revolutionize the
Bahrain’s Alba Places Order for GE’s World-Record-Setting HA Technology & Signs
January 20, 2017
MANAMA, Bahrain--(BUSINESS WIRE)--GE Power, a division of GE (NYSE:GE), today announced an order from Aluminium Bahrain B.S.C. (Alba) for a turnkey combined-cycle power plant, including three GE HA gas turbines, which will power the world’s largest single-site smelter. This win marks the first order for GE H-Class turbines in the Gulf, as
Arconic Board Approves Quarterly Dividend
January 20, 2017
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Arconic (NYSE: ARNC) today declared a dividend of 6 cents per share on the outstanding common stock of the Company. This dividend will be paid on February 25, 2017 to the holders of record of the common stock at the close of business on February 3, 2017. About Arconic Arconic Inc. (NYSE: ARNC)
Historic WTO Filing Against Chinese Aluminum Subsidies is a Big Win for SIGNAL Group Client
January 20, 2017
WASHINGTON--(BUSINESS WIRE)--On behalf of SIGNAL Group’s Client, Century Aluminum, United States Trade Representative Michael Froman announced today the launch of an unprecedented trade enforcement complaint to the World Trade Organization against China’s illegal aluminum subsidies. The historic case seeks to challenge China’s
Sintavia Develops Exclusive Process for Printing F357 Aluminum
January 20, 2017
DAVIE, Fla.--(BUSINESS WIRE)--Metal AM forerunner, Sintavia, LLC, announced today that it had developed full end-to-end parameters for producing additively manufactured parts in F357 aluminum, as well as other Al-Si alloys, for use in precision manufacturing. Sintavia’s proprietary process for printing F357 aluminum powder was developed
Report: U.S. Will Lose One-Third of its Electricity Generation Capacity Without More Infrastructure
January 20, 2017
WASHINGTON--(BUSINESS WIRE)--A new report released today by Consumer Energy Alliance (CEA) found that rejecting pipeline infrastructure would remove almost one-third of U.S. electricity generation capacity by 2030, dangerously raising electric rates nationwide, especially for poverty-stricken households. The report, titled “Families,
Materion Awarded Two Patents for the Fabrication Process of BrushForm® 158
January 20, 2017
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Performance Alloys, a Materion Corporation (NYSE:MTRN) business, announced it has received two patents for processes that improve the fabrication of BrushForm® 158 (BF 158), the strip form of the company’s high-strength, copper-nickel-tin ToughMet® alloy. The patents cover new
Horsehead Holding LLC Appoints Wayne Isaacs Permanent Chairman and Interim CEO
January 20, 2017
PITTSBURGH--(BUSINESS WIRE)--Horsehead Holding LLC (“Horsehead” or “the Company”) today announced that the Horsehead Board of Directors (the “Board”) has appointed Wayne Isaacs, a veteran mining executive and distinguished leader in the base metals industry, as Chairman of the Board and Interim Chief Executive
Terex Corporation Commences Cash Tender Offer for up to $550 Million of Its 6.00% Senior Notes Due
January 20, 2017
WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (“Terex”) (NYSE:TEX) today announced that it has commenced a tender offer (the “Tender Offer”) to purchase for cash up to $550 million in aggregate principal amount (the “Tender Cap”) of its outstanding 6.00% Senior Notes due 2021 (“Notes”). The
Kinder Morgan Declares Dividend of $0.125 for Fourth Quarter 2016
January 20, 2017
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0.125 per share for the quarter ($0.50 annualized) payable on Feb. 15, 2017, to common shareholders of record as of the close of business on Feb. 1, 2017. KMI declared dividends of $0.50 per share for 2016 and used cash
Polaris Industries Inc. Selects Zycus’ Source-to-Pay Solution Suite for Transforming Their
January 20, 2017
PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, a leading procurement technology solutions provider across the Source-to-Pay cycle, announced today that Polaris Industries Inc. (NYSE:PII) is adopting its entire Source-to-Pay suite of procurement performance solutions, including Spend Analysis, e-Sourcing, Contract Management, Supplier Management, Project
Syncsort’s Annual Mainframe Survey Spotlights Big Iron’s Critical Role in Big Data Analytics
January 20, 2017
PEARL RIVER, N.Y.--(BUSINESS WIRE)--Syncsort, a global leader in Big Iron to Big Data solutions, today announced the results from its annual “State of the Mainframe” survey, which underscore the rising importance of mainframe data as a critical component of enterprise-wide strategies that leverage modern data architectures for Big Data
Clow Valve Selects Orion for Iowa Facility Upgrade
January 20, 2017
MANITOWOC, Wis.--(BUSINESS WIRE)--Orion Energy Systems, Inc. (NASDAQ: OESX), a leading designer and manufacturer of energy-efficient LED retrofit lighting systems, is pleased to announce that it has been awarded approximately $500,000 in orders for a high-temperature environment retrofit project by Clow Valve, a major manufacturer of waterworks and
Association for Advancing Automation (A3) Launches Trade Association in Mexico
January 20, 2017
ANN ARBOR, Mich.--(BUSINESS WIRE)--Today the Association for Advancing Automation (A3), the leading global advocate for the benefits of automating, announced that it is forming a not-for-profit trade association that is specifically dedicated to supporting and promoting the rapidly growing Mexican automation industry. With the world’s 11th
CORRECTING and REPLACING Portland Aluminium Smelter in Victoria, Australia to Restart Capacity Lost
January 20, 2017
NEW YORK & AUSTRALIA--(BUSINESS WIRE)--Fifth paragraph, second sentence of release should read: 358,000 metric tons per year (instead of 385,000 metric tons per year). The corrected release reads: PORTLAND ALUMINIUM SMELTER IN VICTORIA, AUSTRALIA TO RESTART CAPACITY LOST AFTER POWER OUTAGE Victorian and Australian Governments sign agreements
Superior Essex and Legrand Showcase the Future of Structured Cabling at BICSI Winter 2017
January 20, 2017
ATLANTA--(BUSINESS WIRE)--Join Superior Essex and Legrand at BICSI Winter Conference and Exhibition booth #845, where they will be showcasing nCompass Systems, a suite of high-performance copper and optical fiber structured cabling. Bringing together more than one hundred years of combined experience designing, manufacturing and integrating cabling
Earth Networks and WeatherSTEM Partner To Deliver Data-Based STEM Curriculum
January 20, 2017
GERMANTOWN, Md.--(BUSINESS WIRE)--Earth Networks today announced a strategic partnership with WeatherSTEM to deliver an innovative STEM curriculum to schools built around hyperlocal weather data. WeatherSTEM powered by Earth Networks combines real-time observations from Earth Networks’ global network of climate, lightning, and greenhouse gas
3M Wins Preliminary Injunction Against Spain-Based BossAuto; Protects PPS™ Technology
January 20, 2017
ST. PAUL, Minn. & MADRID--(BUSINESS WIRE)--The Commercial Court of Barcelona, Spain, has ordered a preliminary injunction against BossAuto Innova S.A. ("BossAuto") for infringement of the Spanish portion of 3M's European patent EP 0,954,381 B2. This patent relates to 3M’s PPS™ technology that enables the
Bloomberg again Names Morocco among 50 Most Innovative Economies in the World
January 20, 2017
WASHINGTON--(BUSINESS WIRE)--Moroccan American Center for Policy (MACP) — Morocco was again named among the 50 most innovative economies in the world and one of just two such economies in Africa by the 2017 Bloomberg Innovation Index released Tuesday. The Index evaluated over 200 world economies before trimming the list to 78 that had data on
Better By the Dozen: Highest Core Density Realized with 12 Core Single-Mode Optical Fiber
January 20, 2017
LOS ANGELES--(BUSINESS WIRE)--Enterprise networks and data centers continue to increase their demands for connectivity, with ever larger quantities of data expected to be transmitted in the foreseeable future. Over the past 20 years, fiber-optic technology has experienced tremendous success in bringing us a fast, globally-connected internet.
Carlisle’s American Spirit Sets World Record in 2016 Talisker Atlantic Challenge Win!
January 20, 2017
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) announced the crew of Carlisle’s American Spirit completed the Talisker Atlantic Challenge trans-Atlantic rowing race in 35 days, 14, hours and 3 minutes, setting the all-time record, and shattering the previous mark by more than 43 hours. Led by Skipper Jason
Diodes Incorporated to Announce Fourth Quarter and Fiscal 2016 Financial Results on February 14
January 20, 2017
PLANO, Texas--(BUSINESS WIRE)--Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application-specific standard products within the broad discrete, logic, analog, and mixed-signal semiconductor markets, will host a conference call on Tuesday, February 14, 2017 at 4:00 p.m. Central Time (5:00 p.m. Eastern
MTM Technologies Named by Citrix as “Partner of the Year 2016 for Virtualization” and “Partner
January 20, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Today, MTM Technologies, Inc. (“MTM”) announced that it has been named “Partner of the Year 2016” for two categories - Virtualization and Networking. The awards were given at Citrix Summit 2017, held January 9-11 in Anaheim, California. Citrix recognizes MTM as the Virtualization Partner of
Aldec Provides Finite State Machine Coverage for Verification of Safety-Critical FPGAs
January 20, 2017
HENDERSON, Nev.--(BUSINESS WIRE)--Aldec, Inc. announced today the latest release of its mixed-language, FPGA Design & Simulation platform, Active-HDL™ 10.4, providing Finite State Machine (FSM) Coverage for FPGA engineers developing safety-critical FPGAs. Safety-critical design assurance guidance and standards such as those
Skyworks Announces New $500 Million Stock Repurchase Program
January 20, 2017
IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (NASDAQ: SWKS) an innovator of high performance analog semiconductors connecting people, places and things, today announced that its Board of Directors has authorized the repurchase of up to $500 million of the company’s common stock from time to time prior to January 17,
Cognex Announces Fourth Quarter Earnings Release Date and Conference Call
January 20, 2017
NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX) will release earnings for the fourth quarter of 2016 on Thursday, February 16, 2017, after the market closes, and will host a conference call that same day at 5:00 p.m. Eastern Time (ET). The earnings release and conference call are scheduled to coincide with the company’s
Keane Announces Pricing of its Initial Public Offering
January 20, 2017
HOUSTON--(BUSINESS WIRE)--Keane Group, Inc. ("Keane" or the "Company") announced today the pricing of its initial public offering of 26,760,000 shares of its common stock at a public offering price of $19.00 per share. 15,700,000 of the shares are being offered by the Company and 11,060,000 shares are being offered by the selling stockholder. The
Preliminary Award of Project Zuidasdok to Fluor, Heijmans and Hochtief Joint Venture
January 20, 2017
IRVING, Texas & AMSTERDAM--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the Zuidasdok project has been preliminarily awarded to Zuidplus, the joint venture with Fluor, Heijmans and Hochtief. The contract includes widening and partial underground installation of the A10 South motorway and expansion of the Amsterdam Zuid
The Manitowoc Company Schedules Fourth-quarter 2016 Earnings Announcement and Conference Call
January 20, 2017
MANITOWOC, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its fourth-quarter 2016 financial results and will issue its 2017 guidance on Wednesday, February 1st, after the close of market. The company will discuss its fourth-quarter 2016 results and 2017 guidance during a live conference call for
Westinghouse and AZZ Inc. Transition to Teaming Agreement
January 20, 2017
PITTSBURGH--(BUSINESS WIRE)--Westinghouse Electric Company LLC announced today that it has transitioned its previously announced acquisition of Nuclear Logistics LLC. (NL), a third-party supplier of safety-related equipment solutions to the nuclear industry owned by AZZ Inc., to a teaming agreement. Under the agreement, Westinghouse and AZZ Inc.
Noel Watson Retires from Jacobs Board of Directors
January 20, 2017
DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced at its Annual Shareholders Meeting today that Noel G. Watson will retire from the board effective today. Noel joined Jacobs more than 50 years ago becoming President in 1987, CEO in 1992, and CEO and Chairman of the Board in 2006. He stepped down as Chairman of the Board in
John Coyne Retires from Jacobs Board of Directors; Robert McNamara Joins Board
January 20, 2017
DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today that John Coyne, who has served on the Jacobs Board of Directors since 2008, will retire from the board, and Robert McNamara has been appointed to the open board position. These changes to Jacobs’ Board of Directors are effective today. “John has been a
GOLFZON Donates Golf Practice Simulators to National Golf Team of Taiwan
January 20, 2017
SEOUL, South Korea--(BUSINESS WIRE)--GOLFZON (Chief Executive Officer: Chang Seong-won) (www.golfzonsimulator.com) (KOSDAQ:215000) donated two golf lesson simulators, ‘GOLFZON Driving Ranges (GDRs)’, to the national golf team of Taiwan. GOLFZON GDR, the official training equipment for Korean National Golf Team, provides the most
Rexnord Declares Dividend on Mandatory Convertible Preferred Stock
January 20, 2017
MILWAUKEE--(BUSINESS WIRE)--Rexnord Corporation (NYSE:RXN) today announced that its Board of Directors declared a quarterly dividend to holders of the 5.75% Series A Mandatory Convertible Preferred Stock of $10.861 per share, payable on February 15, 2017 to stockholders of record as of February 1, 2017. About Rexnord Headquartered
Celanese Announces MIBK Price Increase
January 20, 2017
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for methyl isobutyl ketone (MIBK). The price increase below will be effective February 1, 2017 or as contracts allow. Product     North and South America       USD/lb
IntriCon Exercises Option to Acquire Remaining Stake in Hearing Help Express
January 20, 2017
ARDEN HILLS, Minn.--(BUSINESS WIRE)--IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today announced that it has exercised its option to acquire the remaining 80-percent stake in DeKalb, Ill.-based Hearing Help Express (HHE), a direct-to-consumer mail order
Industry Groups Welcome Washington State Department of Health’s Finding That There Is No Evidence
January 20, 2017
WASHINGTON--(BUSINESS WIRE)--Leading members of the recycled rubber and synthetic turf industries today announced that the Washington State Department of Health has issued its analysis of cancer rates and youth athletes playing on artificial turf fields with recycled rubber infill and has stated the following: “We did not find the number of
PPG Acquires Automotive Refinish Coatings Company Futian Xinshi
January 20, 2017
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has acquired certain assets of automotive refinish coatings company Futian Xinshi (Futian). Financial terms were not disclosed. With approximate sales of $15 million in 2016, Futian is a privately owned company based in the Guangdong province of China. Futian distributes its
Westlake Chemical Partners LP Statement on Final Regulations Relating to its Qualifying Income
January 20, 2017
HOUSTON--(BUSINESS WIRE)--The Internal Revenue Service (“IRS”) and U.S. Department of Treasury (“Treasury”) today issued final regulations under section 7704(d)(1)(E) of the Internal Revenue Code (the “Code”) relating to qualifying income from the processing, refining and transportation of minerals or natural